CHARITY COMMISSION
FOR ENGIAND AND WALES
Trustees,
Annual Report for the period
1•1 October 2023 To 30th Septsmber 2024
William Paulett Charity
From
Charity name:
Charity reglstratlon number: 238948
Objectlves and Activities
SORP iefernnce
Para 1.17
Summary of the purposes of
the charty as set out in its
goveming document
The William Paulett Charity provides and
maintains ten almshouses for elderly poor
persons from the parish of Stogursey and
area of benefit.
The charlty derive5 its incorne from Weekly
Maintenance Contributions IWMCS) from
residents and dlvidends from the charhtrfs
Investments. Income is used to cover
expenditure In admSnlstrating. malntalnin&
refurbishin8 and upgradlng the almshouse5
both by a planned schedule and as
uired,
Trustees adhere to the guldance issued by
the Charity Commisslon on public benefft.
For the Charitvs purpose. 'the public, are
the almshouse resldents, our beneflciaries.
Summary ofthe main
activities in relation to those
purposes for the public
benefit, in particular. the
activities, projects or
servi￿8 identified in the
accounts.
P*rg 1.17 4nd
1.19
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit
Pari 1.18
Additional Inforniation (optlonall
You ma
oose to include further statements vther8 relevant about".
SORP r•Were￿
Pala 1.38
Policy on grant making
Policy on social inveslment
including program related
investment
Contribution made by
volunteers
other
NIA
NIA
P•ra 138
Par8 1.38
NIA
NIA
lof8

Achievements and Perfonnance
Summary of the main
achievements of the chwity.
identfying the drfference the
tharity's work has made to
the circumstances of its
beneficiaries and any wmler
benefits to soaety as
whole.
P8A 1.20
The charity maintains a schedule of
improvement v￿rkS forthe almshouses to
ensure, to the best of its financial ability,
that residents benefit from the best
possible living standards. This year, works
have induded.
Repalrs Maintenance & Refurblshment
Works
Minor repairs to the lawn mower
Repairs to a TV aerial
Restorative works to an Almshouse
living room and another Almshouse
bedroom with evidence of water
damage. includin8 wallpaper removal.
re-plasterin& and redecoration using
rnould-resistant materials
Replaced or repaired faulty taps, locks,
light fittings, and a banister.
Replaced smoke detectors in various
Almshouses
and
reprogrammed
storage heaters were required
Replaced faulty bathroom extractor fan
Replaced all tiles In one Almshouse
kltchen
Repaired and redecorated a storm-
damaged area of an Almshouse
building
Coated the Almshouse exterior with
weather-resistant
materials
and
repointed and repaired pavers where
necessary
Organised the replacement of a faulty
meter
Organised tree redurtion and branch
removal for encroaching trees
Exterior works to an Almshouse
boundary wall and rustin8 bead5 above
three windows due to water damage
Interior plastering works in a property
and a shared hallway due to water
damage
Maintenance of guttering and foliage
removal across Almshouses
2of8

Surveys. Inspectlons & Reports
A range of surveys were completed this
vear. These include;
Portable appliance testing in all
Almshouses
Annual fire equlpment safety check
Aftnual financial audit of the charity
Annual stairlift safety check and servlce
In addltion, the trustees completed
their annual visit to meet with all
residents, cornplete their audit and
discuss any bulldln& Safety. or other
concerns.
In addition, the charity;
Conducted the annual policy review.
External factors resulted in changes to
six pollcles.
Submirted on timethe annual reports x
3 requlred bythe Housing Ombudsman.
Keeps in regular contact with resldents
and elther provides or si8n-post5
further 5ervlces where requlred
Addltlonal Inlomiallon (optlonal)
You ma
choose to include further slatements where relevant about..
AchieveTnents again8t
Pllfa 1.41
NIA
objectives sel
Performance of fundrai8in9
activrties against objedives
set
Investment perfomance
against obJ"ectives
NIA
Para 1.41
Investment income ha5 increased this year
following the charity's portfolio review.
other
NIA
3of8

Financial Review
Review of the charity's
financial position at the end
of the period
Para 1.21
The financial position at the end of the year
was better than expected due to prudent
mana8ernent of the budget and
expenditure whilst continuing to maintain
and refurbish the Almshouses.
The charity has a Reserves Policy. and takes
the view that reserves are essential to
maintain the on8olng viability of the
charity.
General Fund: £388,485
Extraordinary Repairs Res.. £33,748
Charitable Fund Property Reserve:
£44.584
NIA
statement explalning the
policy for holding reserves
stating why they are held
1.22
Amount of reser¥es held
Para 1.22
Reasons for hold5ng zero
reserves
Details of fund materially in
deficit
Èxplanation of any
uncertainties about the
charity Continuing as a golng
concern
Para 1.22
Parn 1.24
NIA
Parn 1.23
NIA
Additional Infomiatlon (optlonal)
You maLchoo8e to include further Statements where relevant about..
The charity's principal
Para 9.47
Weekly Maintenance Contributlons from
SOUr￿S of funds (including
the Residents and dlvldend Income from
any fundralslng}
investments.
Investment policy and
objectives including any
social investment policy
adopted
PRrn 1.46
The charltls Investment Pollcl states that
the objective of Investments Is to generate
a sustalDable return to help deliver the
objects of the Charitv.
Risks are regularly reviewed and managed
throu8h the charitrfs Rlsk Management
Pollcy.
A descrlption of the principal
ri8ks facing the chanty
P¥0 1.46
NIA
Other
4of8

Structure. Governance and Management
Description of charity's
trusts..
Type of governing document
PaTr 1.25
Charity Scheme document 1978, and
amendment 1996.
Registered Charitv
How is the charity
constituted?
le.g unincorporared
association. CIOI
Trustee sebection methods
including details of any
consts'tutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees
Porn125
Par8 1.25
Nominated Trustees appointed by
StO8ursey Parish Council on a term of 4
years
Co-opted Trustees appointed on a term of
5 years, and who. through residencv,
occupation employment, or otherwise.
have specific knowledge or connection to
the Ancient Parish of StO8ursey andlor
area of benefit.
Additional inforniatlon (optional)
You ma
choose to include further gtalements where relevant about..
PolicEs and procedu
Up-to-date guidance taken from the
adopted for the induction
Almshouse Association'5 Standards of
and training of trustee5
Almshouse Management. together with an
Induction Policy and processes tailored to
the charity
Pwr8 151
The charity's organisational
structure and any widèr
nefvlork with which the
charit
works
Relationship with any
related parties
ParA 1.51
NIA
Porn 1.51
NIA
Other
Reference and Administrative details
Charity name
Other name the charity uses
Registered Charity number
Charity's registered address
William Paulett Charity
NIA
238948
21 Hi8h Street
Stogursey
TA5 IPL
5of8

Namos of thè eharfty trustses who manage tho charlty
Dates actsd If notforwhole
o•r
Trust•• name
Offico lif any)
N•m• of p•r80n lor botyl •ntitlgd
int trusts•
Ifa
StO8ursey Partsh Council
Allan Searle
Chair
Stephen Stoneham
Michael Gardner
Vice Chair
Stogursey Parish Council
Stogursey Parish Council
Catherine Hawkins
Resigned 09.05.24
Brandon Hall
Julie Jones
StO8ursey Parish Councll
John James
Robert Clarke
Appointed 17.06.24
rate trustees- name5 of the dlrectors at the date the r8
DlrnGtor n*m•
ortwasa
roved
NIA
Nome of tNstees holding title to property belonglng to the charity
Trustée Mm•
Dat•• •¢t•d If not for whol•
N/A
6of8

Funds held as custodian trustees on behalf of others
Description of the assets
NIA
held in this capacity
Name and objects of the
charity on whose behalf the
assets are held and how this
falls within the custodian
chanty's obj'ects
NIA
Details of arrangements for
safe custody and
segregation of suth assets
from the charlty's own
assets
NIA
Additlonal Infomiation (Opllonal)
Names and addre8So$ of advisors (Optional Inforniatlon)
Type of
Name
Addre$8
advis•r
NIA
Nama of chlef executlve or names of $enlor Staff members {Optlonal Infomiatlon)
NIA
Exemptions from dlsclosure
Reason for non-di8closurn of ke
fsonnel details
NIA
other optional information
NIA
7of8

Declarations
Tho trustoos declarè that thoy hav• approv￿ th• trustsos. report above.
sIgn￿ on behalf of the charlty's Irustees
Signature(s)
Full namels)
PosStion (eg Secretary.
Chalr, etc)
T￿sILL
Date
8of8

REGISTERED CHARITY NUMBER: 238948
rt of the Trustees and
Unaudited Financial Stat¢m¢nts for the Year Ended 30 Se
tember 2024
William Paulett
Maxwel
Chartered Aecountsnts
4 King Square
Brid8wat¢r
Somerset
TA6 3YF

William
Conients of the Financisl Statements
Page
R¢f¢renGe omd Administrative Detsils
Report of the Tnjstees
Independent Examin¢Vs Report
Stst¢rn¢nt tsf Fi]wKia] Activiiies
Balance Sheet
Notes to the Financial Stat¢m¢nts
7 to 12
Detailed Statemeni of Financial Activities
13

Referen¢¢ and Administrative Details
r 2024
TRUSTEES
Mr A H SeaTle Chairman
Mr M Gardner {re5igned 13.12.24}
C Hawkins (r¢signe419.5.24)
Mr S J Stoneh4m
MrJGMJames
Mr B Ha]1
Mrs J E lones
Mr R W J Clarke (appointed 17.6.24)
PRINCIPAL ADDRESS
21 High Street
Stogursey
Bridgwat¢r
Somerset
TA5 IPL
REGISTERED CHARrrY
NUMBER
238948
INDEPENDENT ExA￿(lNER
M&Ywells
Chart¢r¢d A¢¢ouDtaDts
4 King Square
Bridgwater
Somerset
TA6 3YF
BANKERS
CAF Bank
25 Kings Hill Av¢nu¢
Kings Hill
West Malling
Kent
ME19 4TA
Pa8¢ 1

vrilli P
for ihc Year E
The pr* their Tepwt with tho fiDallci￿ 3ta*nxDts of the Lknity for the y¢JT eDded 30 Septethr 2024. The
truslee$ hav¢ the PTOWiSiQD5 of A￿0￿￿tiD8 a￿{ Rwrtin¥ by ￿arItie&. Sts*TheDt of Rec0TDll￿ Praai
plicuble lo c1￿1t1¢¥ pretwing their a￿O￿nIs in Jworthnce with thE FiDaNcid RqAxl&o8 Sthndard app]irable in the UK
and liepubli¢ of Ireland (FRS 102) (¢ff￿tsve l J￿uary 20191
OBJECTIVES AND ACTIVITIES
Objedlves
Clwhlbk thetlvld
Main adivities h&ve beenw 4dow)ister 4Th1 the ¢kn7ty and the ch*1￿$ propety in with the T￿￿ Detd.
Tbe Iwilditw bav¢ been mailltaiaed a￿1 insured as appropriat¢, InYestll*nts Tr￿¥e Jwnitor•l.
INANCIAL REVtEw
ReJ¢TV¢S p•liry
The Trltstttg on rtterves 15 to etmlle ther¢ Bre Sufficie￿ fre fitymb available. after mcetinE COMI￿ •ad
veriftg p]anned cxp¢Thlitu￿ in otderto provAd¢ forplalln￿ itffjwvements or utwxpe¢t¢d rq>Aire05ts in th¢ fikn.
sTrU￿VIlE. COVERNANCE AND MANACEMENT
Governiffig dOe#￿tI*
The tharity is ¥ov¢rne4] by a Sehenw of R¢&vlation urth the Clwilies Ari 1993 dated 27 J¥Jly IY18, 85 by A
hern¢ $YAled 30 W 1996.
Th¢ J￿iOr riskB to which ￿ charity is exp)se4 J# Ide￿lfied by the ttu&txy, h•ve beeo Th1O￿rd afyj Systems bave bxn
tsb11s1￿ ro rniti8a¢e ri5k5.
*.. -..3..:..2p.2<.... and si￿] its behAlfby:
hppTovuI byorder of the IxJ•xd of tstees on.. .
r A H Seark- Trnste¢

Inde
ndcnt Examinces RE
willia￿ Paulett
rt to the Trust¢¢s of
Independent examiner's report to the trustees of Willigm Paulett
I report io th¢ ¢harity trust¢es on my examination of the accounts of William Paulett (the Trnst) for the y¢ar end¢d
30 September 2024.
Responsibilities and b•$i$ of report
As th¢ ¢harity truslees of the frust you are responsible for the pr¢paration of th¢ accounts in ¥ccordaDce with the
requirements of the Chariiies Act 2011 {'th¢ Act'l.
I report in respect of my examinatioth of the Tn￿t'S account5 carried out under Section 145 of the Act and in can)ryng out
my examination I have followed all applicable Directions givett by the Charity Commission under Section 14515)Ib} of
the Act.
IDdeptndent ¢xaminer'5 St8temeDt
I have completed my ¢xa]TJination. I ronfirn that no material matters hav¢ ¢om¢ to my ¥tt¢ntion in conneclion with the
examination giving me ¢au$e to b¢li¢ve that in any material respect..
attounting records wer¢ not kept in respect of the Tn]st required by Section 130 of the Art. or
the accounts do not accord wilh th0￿ records., or
the accounts do thot comply with ihe applicable requirements concernin8 the fonn and ctsrtt¢Tht of aceounts set out
in the Chariiies (Acwunts and Reports) Regulations 2008 other any requirem¢ni that ihe accounts give a
th]¢ aThJ fair view which is not a matter considered as part of an ind¢pend¢nt examination.
I bay¢ no concerns alhd have come across no other mattets in conne¢iion with th¢ ¢xamination to which attention should
be drawn in thi5 report iti order to enable a proper Underst￿ing of the a￿Ollnts to be reached.
Mrc N Ha]l-Tomkin FCA
MaxTrY¢lls
Charter¢d AccouDtaDts
4 King Square
Bridgwdter
Sorn¢rset
TA6 3YF
713(rf
Page 3

William Paulett
Statement of
30.9.24
Totgl
nd5
30.9.23
Total
fi]nds
Unrestricted
fijnds
R¢sth¢t¢d
fund
Not¢s
INCOME AND ENDOWMENTS FROM
Investmertt income
42.839
42J39
37,705
EXPENDITURE ON
CbArit*ble actlvities
Managem¢n¢
8,846
20,182
3.841
S￿46
20.182
3J41
7.567
20.306
3,859
2,962
Maintenance
SeTvi¢e$
GoYeman¢¢ ¢o$ts
Total
32,869
32069
34,694
Nei gains on investments
28,526
28,526
21,003
NET INCOME
38,496
J8,496
24,014
RECONCILIATION OF FUNDS
Total funds brought forward
428J21
428J21
404J07
TOTAL FUP4DS CARRIED FORWARD
466,817
466*17
428,321
The notes form part of these financial statements
Page 4

William Paulett
Balance Sheet
30.9.24
Total
funds
30.9.23
Total
Unrestricted
funds
Restricted
nd
Notes
FIXED ASSETS
Tartgible assets
Investments
261.426
313.IIH
261A26
313,104
248.613
236,578
574.530
574530
485,191
CURRKf4T ASSETS
Debtor5
Cash at bank
250
46.774
439
96,944
41774
47,024
47,024
97 J83
CREDITOIIS
Amounts falling due within one year
(3,990)
(3J9O)
(3,506)
NET CURRENT ￿ETs
43.lJ34
43,034
93.877
TOTAL ASSETS LESS CURREiYr
LIABILITIES
617.S64
617J64
579.068
CREDITORS
Amounts falling due afier more than one year
10
{15O,747)
(150,747)
(150,747)
NET ASSETS
466,817
466.817
428.321
The notes fom) part of th¢s¢ fillan¢ial statements
P4ge 5
C4)ntinued...

WilliBm P4uL¢#
Bala
30 Se t¢Enb2r 20
12
General furLd
349.989
33.748
44.384
33,748
Chritable Fund Property R¢8¢ry¢
166817
428J21
TOTAL FUNDS
428J21
firAwial st•teme¥ts were approved by the Bowrd of TnJ#eeR a￿thOri￿1 for issue on ........ . ..... ...
aThl wtte Si9￿a￿ its tdwlf by,
Mr AH Sark. Truste¢
B Hall- TMtste¢
S J Swkn. Ttwiee
Th¢ oows fmi part of th¢s¢ fiD*ttial 51ai¢mcftti
P8y6

William Paulttt
Notes to the Financial Statements
for the Year Ended 30 Se
ber 2024
AccouffflNG POLICIES
Basls of preparing ¢h¢ fw•ncial $tst¢in¢Dts
The fjnan¢ial staten]ents of the cbarity. which is a public benefit entity under FRS 102. have been prepared
ac¢oidan¢e with the Charities SORP (FRS 102} 'Accountin8 md Reporting by Charitie5'. Statement of
Re¢omm¢nd¢d Practice applicable to charitie5 preparin8 their a¢t4)unts in a¢¢ordan¢e with the Financtal
Reporting Stsndard appli¢abl¢ it) the UK and Republic of Ireland {FRS 102) (effective l January 2019),.
Fin•n¢ial Reporting Standard 102 The Financial Reporting Stsndard applicable in the LtK and Republi¢ of
Ireland, and the Charities Act 2011. The finan¢ial stal¢m¢nts h&v¢ been pr¢pared under the histOTical cost
eonvention. with the exception of inv¢stm¢nts which ore included at market Yalue. as modified by tbe revaluatio
of certain assets.
Changes accounting policies
Fix¢d as5¢t invesknenls are ro be valued at fair value (market value} at the rep)rting dat¢ inline th¢ Charity
SORP.
Income
All income is rKognis¢d in the Statement of Financial Activitie5 once the charity has entitlement to the fimds, it
is probable that the income will be received and the amount be measured r¢liably.
Tumover r¢pr¢s¢nts maintenance contributions rectived.
Expenditure
Liabilities ar¢ re¢o8ni5ed as expenditure as soon ￿ tljere is a legal or constn￿tiYc obligation wmmitting the
charity to tbat expendiiur¢, It is probable that a transfer of ¢¢onomi¢ benefits will be required in 5ettlernent and
the amount of the obligation can be measured reliably. Expenditure is accounted for ots att a¢¢ryais basis and ]¥s
been cl&ssified under hesdings that aggregate all rost related to the ¢ategory. Wher¢ costs cannot be dIre￿ty
attributed to pani¢ylar headings th¢y hay¢ b¢en allocated to activities on a basi5 COnSlStent the use of
resou￿¢$.
Houylng propertlts (freehold)
There is no record of the origina] c05t of William Paulett's ¢hariry almshouses. The housing properties wst
rel￿eS to an amount which view of the Trustees is not mor¢ than th¢ n¢t book value ofthe properties which are
¢urrently iThsyred ￿ £984.758.
As the properties are maintained in a state of repair such that their estimated residual value is not less than their
improvement cost or caryin8 value. the annual ¢harge for depreciation would be nil.
So¢i*l Housing Grant
Social Housing Grant (SHG} was paid by the Housing Corporation to r¢dllce the eost of development. Th¢ grant
is repayable 81 su¢h time &$ ihe Almshous¢s ar¢ sold Th¢ wt is th¢refore shown ￿ a long t¢rm loan.
T•Dgible r￿ed s￿ets
Depreciation is providd at th¢ following aDnual rat¢s in order to MTile off each asset over its ¢5tiTnat¢d
life.
Fixtur¢$ and fJttin8S
1096 on cost
T*iatitsL
The charity is ¢x¢mpt from tax on its clMritsble aetiwties.
V*ltht Added Tax
William Poul¢tt's ¢h8rity is not register¢d for Value Added T&x. In these financial stst¢ments, wh¢r¢ appli¢abl¢,
¢xp¢nditur¢ is Shown inclusive of VAT.
F￿nd 4ccollnting
Unrestricted funds call bc used in accordance with the charitabl¢ objectiv¢5 at th¢ discretion of the frustees.
Page 7
continued...

William Paulett
No¢es to th¢ Financial Ststements. continued
for the Yew End¢d 30 Se
r 2024
ACCOiJNTING POLICIES- ct)ntinMe
Fulld a¢¢ollntiDg
Restricted funds can onty be ustd for patti¢ular restri¢ted purposes ￿rythIn the objects of the charity- Restrictions
ise when $pe¢ified by the dthjor or wljen fvnds are rdised for particular restricted purposes.
Further explanaiion of the nature and purpos¢ of each fund is Inc]￿led in the notes ts the financial s￿¢MentS.
Extr&ordingry repairs
Costs of extraordinary repairs. unless repr¢sentin& improvem¢nts to the ptopertie5. are dw8ed ￿ the Revenue
A¢count in ¢he y¢4r ID which they are incurred.
xtrdordinary Repairs Reserye
This revcnue Tesetve represents a￿K)Unts set &%ide to cany out major repait3 to Housing Prop¢rti¢5.
Ch#ritablt Fund Property R￿eryt
Thi5 represents that proportion of the c05t of prtsperti¢s which was finan¢¢d by charitable donations and th¢
CILarity'S resourtts. The Charitable Fund Pmperty Reserve a]so include5 depreciation equal kn loan
repa)ryn¢nts provided in previous years.
INVEsfMENT INCOME
30.9.24
30.9.23
Maintenance contributions
Other fixed #s$et irtvest- FII
Inter¢st receivabl¢- trading
34,297
8.4(11
29,645
7.911
149
42839
37,705
SUPPORT COSTS
Governance
rtssts
Fiftattce
Totals
SeTYices
87
1.440
lJ27
TRUSTEES, REMUNERATION AND BENEFTrs
Tiiere were no tru$l¢es' remun¢rntion tsr other benefits for the year ettd¢d 30 September 2024 nor for the year
eDd¢d 30 September 2023.
Trustees, expenses
There were trn5tees' expense$ paid for the year ended 30 September 2024 nor for the year ended 30
September 2023.
Pag¢ 8
continued...

William Paulett
Notes to th¢ Financial Statements- continued
foT the Year Ended 30 Se
ber 2024
COMPARATIVES FOR THE STATEMENT OF FINANCIAL A(JIVITIES
Unre$tri¢ted
fi]nd5
Restrieted
fimd
Tot
fimds
JNCOME AND ENDOWMEP4TS FROM
Investhi¢nt in¢ome
37.705
37,705
EXPENDITURE OTr4
Ch*rlt*ble aetliryties
Management
7,567
20,306
3.859
2,962
7,567
20,306
3,859
2,962
Maintenance
Services
Governance costs
TotAI
34.694
34.694
gains on investsnents
21,003
21,003
NET ￿COmE
24,014
24,014
RECONCILIATION OF FUNDS
Tolal fimd5 brought forward
404,307
404.307
TUfAL FUNDS CARRIED FORWARD
428,321
428,321
TANGIBLE FIXED ASSETS
Improvements
Fixtures
and
rJtthn8S
Freehold
property
prop¢ty
Totals
COST
At l Octobcr 2023
Additions
2Q4,674
43,939
12013
2,945
251558
12813
At 30 September 2024
204,674
56,752
2,945
264J71
DEPRECIATION
At l Octobcr 2023 and 30 September 2024
2,94$
2,945
NET BOOK VALUE
At 30 September 2024
204th74
56.752
261,426
At 30 September 2023
204.674
43.939
248.61i
Pag¢ 9
continued...

William Paul¢tt
Notes to the Financi￿ Statem¢nts- continu¢d
forth¢ Year Ended 30 Se
ember 2024
XED ASSET INVESTMENTS
Th¢ inv¢stm¢trt5 comprise the following..
C05t
16,500
47.568
1,988
50,007
2024
13,804
81.841
2,369
58,888
156 201
313,103
2023
13,251
63.838
2,232
55,487
101769
236,577
9,465.485
5,388.764
156
3,877.424
7.000.04
Charinco Income Shares
Charin¢o Income Shares
Charinco Income Shares
Charinco Income Shar¢s
Schroders Th¢ Charity Equity Fund A
172,458
Or> 08 May 2024, an additional 927.764 Charifi]nd Income shares were purchased for £14,106 and on the same
dat¢ an additional 2040.58 Schroders The Chartty Equity F￿d A shares w¢re purch&sed for £33.894.
DEwfoRS: AMouNfs FALLING DUE WIThIN ONE YEAR
3O.9J4
30.9.23
OtheT d¢btors
Prepayments and income
251)
250
189
2511
439
CREDITORS: AMOUNTS FALLING DUE wfrHIN OI¥E YEAR
311.9.24
30.9.23
Trade creditOf5
Other creditors
(i)
3,507
3,990
3WO
3,506
10. CREDITORS: AMOUNIS FALLING DUE AFTER MORE THAN ONE YEAR
30.9.24
30.9.23
Other creditors
150,747
150,747
11. iA)ANS
An analysls of the matwity of loans is giv¢n below..
30.9.24
30.9.23
AnK)unts falling due ia) more than five ye￿s..
Repayable othetivise than by instalmentS".
ber loans more Syrs noD-ins&]m¢nt
IYJ,747
150,747
Page 10
Colltirtued...

William Paulett
Notes to the Fi]mn¢1￿ stsiements- continued
for the Year Ended 30 Se rember 2024
Iz.
MOVEMENT IN FUNDS
Net
movement
in fimds
At
1.10.23
At
30.9.24
Unrestricted funds
General fund
Extraordinary Repain Reserve
Charitable Futtd Property R¢serv¢
349.989
33,748
44584
38,496
388,485
33.748
44J84
428J21
38,496
466117
TOTAL FUNDS
428J21
38,496
466,817
Net mov¢m¢nt in f￿ds, included in the above are as follows..
In¢oming
rewurces
Resour
expended
Gains and
losses
Moveme
in ￿ndS
Uttrestrlettd funds
G¢neral fimd
42,839
(32369)
28J26
38A96
TOTAL FUNDS
42.839
(32J69)
28J26
38,496
Compr¥tives for movement in
Net
movemcnt
in fimds
At
1.10.22
At
30.9.23
Unrestricted futsdy
General fund
E￿raordinary Repairs Reserve
Charitsble Fund Ptoperty R¢serye
325.975
33,748
44,584
24.014
349,989
33,748
44.584
404,307
24,014
428.321
TOTAL FUNDS
404.307
24,014
428,321
C()mp#r4tive net n￿vernellt in funds, included in the above ar¢ as follgws:
Incoming
resouT¢es
R¢sour¢¢s
¢xpended
Gains and
losse5
Movcment
in funds
Unrestrirted funds
Gener￿ fw)d
37,705
(34,694)
21,003
24,014
TOTAL FUIYDS
37,705
(34,694)
21,003
24,014
Page 11
continued...

William Paulett
Notes to th¢ Financiol Statem¢nts- continued
for the Year Ended 30 Se tember 2024
12.
MOTrEMENI IN FUNDS- ¢oDtiDued
A current yw 12 months and priory¢4r 12 months ¢ombitied position is as fOll0M￿..
Net
movement
in fimds
At
1.10.22
At
30.9.24
UDrestrlcted thDds
General ￿nd
Extraordinary Repairs Reserve
Charithble Fund Property R¢sery¢
325,975
33.748
44.584
62,510
388,485
33.748
44.584
404,3Q7
62.510
466.817
TOTAL FUNDS
404,307
62,510
466,817
A CU￿£nt year 12 months and prior year 12 months combined net movement ITh fi￿d$, in¢lud¢d in the abov¢ are
&s follows:
Incoming
R¢sour¢¢s
expended
Gains and
losses
Mov¢ment
in funds
Uthrestri¢ted fuTrds
G¢nerai fi]nd
80,544
(67.563)
49,529
62.510
TOTAL FUNDS
80,544
{67.563)
49,529
62,510
13.
COIWIINGENf LIABIL￿lEs
At 30 Scptember 2024 and 2023. there were no kty)wn wnting¢nt liabilitie5.
14.
RELATED PARTY DISCiDSURES
Ther¢ were no related party transactions forth¢ year etbjed 30 September 2024.
l5.
ACCOMMODATION IN MANAGEMEiYr
A¢¢ommodation tn m8na8¢m¢nt comprises 10 units {2023- 10 units)
Pag¢ 12

William Paul¢tt
Detail¢d
tatement of FillaDcial Activities
Ended 30 Se
mber 2024
30.9.24
30.9.23
INCOME AND ENDOWMENrs
Investment intome
Maintenance contributions
Other fixed asset invest- FJI
Interest rtt¢ivable- tradÉng
34297
8,41bl
141
29,645
7,911
149
42,839
37,705
Totgl in¢oming resource5
42,839
37,705
EXPENDrruRE
Ch•rit*ble Attivities
Rates and Wdter
Insurance
Light and heat
Postsg¢ and stationery
G¢neral repairs & mainte]Ydnce
Steward's fees
Subs¢riprions
Room hire
Professional fees
(57)
1.220
527
134
211,181
8.766
491
80
131
1.197
277
142
20,726
7.487
260
80
2,542
31J42
32.842
Support fosts
Finance
Bank charges
Depreciation of tangible fixed ass¢ts
87
102
310
87
412
Govern•Dce ¢osl$
Auditor5, re]nuneration for non audit work
IA40
Totsl r¢sour¢e$ expended
32069
34.694
Net income btfore #nd lou¢s
9,97
3.011
Regli8ed recogD15ed gains and losses
Realiscd gainsl(losses) on fixed asset investm¢nts
8.916
N¢t incomt
9.970
11,927
This page does not form part of the statutory financial statements
Page 13

REGISTERED CHARITY NUMBER: 238948
rt of the Trustees and
Unaudited Financial Stat¢m¢nts for the Year Ended 30 Se
tember 2024
William Paulett
Maxwel
Chartered Aecountsnts
4 King Square
Brid8wat¢r
Somerset
TA6 3YF

William
Conients of the Financisl Statements
Page
R¢f¢renGe omd Administrative Detsils
Report of the Tnjstees
Independent Examin¢Vs Report
Stst¢rn¢nt tsf Fi]wKia] Activiiies
Balance Sheet
Notes to the Financial Stat¢m¢nts
7 to 12
Detailed Statemeni of Financial Activities
13

Referen¢¢ and Administrative Details
r 2024
TRUSTEES
Mr A H SeaTle Chairman
Mr M Gardner {re5igned 13.12.24}
C Hawkins (r¢signe419.5.24)
Mr S J Stoneh4m
MrJGMJames
Mr B Ha]1
Mrs J E lones
Mr R W J Clarke (appointed 17.6.24)
PRINCIPAL ADDRESS
21 High Street
Stogursey
Bridgwat¢r
Somerset
TA5 IPL
REGISTERED CHARrrY
NUMBER
238948
INDEPENDENT ExA￿(lNER
M&Ywells
Chart¢r¢d A¢¢ouDtaDts
4 King Square
Bridgwater
Somerset
TA6 3YF
BANKERS
CAF Bank
25 Kings Hill Av¢nu¢
Kings Hill
West Malling
Kent
ME19 4TA
Pa8¢ 1

vrilli P
for ihc Year E
The pr* their Tepwt with tho fiDallci￿ 3ta*nxDts of the Lknity for the y¢JT eDded 30 Septethr 2024. The
truslee$ hav¢ the PTOWiSiQD5 of A￿0￿￿tiD8 a￿{ Rwrtin¥ by ￿arItie&. Sts*TheDt of Rec0TDll￿ Praai
plicuble lo c1￿1t1¢¥ pretwing their a￿O￿nIs in Jworthnce with thE FiDaNcid RqAxl&o8 Sthndard app]irable in the UK
and liepubli¢ of Ireland (FRS 102) (¢ff￿tsve l J￿uary 20191
OBJECTIVES AND ACTIVITIES
Objedlves
Clwhlbk thetlvld
Main adivities h&ve beenw 4dow)ister 4Th1 the ¢kn7ty and the ch*1￿$ propety in with the T￿￿ Detd.
Tbe Iwilditw bav¢ been mailltaiaed a￿1 insured as appropriat¢, InYestll*nts Tr￿¥e Jwnitor•l.
INANCIAL REVtEw
ReJ¢TV¢S p•liry
The Trltstttg on rtterves 15 to etmlle ther¢ Bre Sufficie￿ fre fitymb available. after mcetinE COMI￿ •ad
veriftg p]anned cxp¢Thlitu￿ in otderto provAd¢ forplalln￿ itffjwvements or utwxpe¢t¢d rq>Aire05ts in th¢ fikn.
sTrU￿VIlE. COVERNANCE AND MANACEMENT
Governiffig dOe#￿tI*
The tharity is ¥ov¢rne4] by a Sehenw of R¢&vlation urth the Clwilies Ari 1993 dated 27 J¥Jly IY18, 85 by A
hern¢ $YAled 30 W 1996.
Th¢ J￿iOr riskB to which ￿ charity is exp)se4 J# Ide￿lfied by the ttu&txy, h•ve beeo Th1O￿rd afyj Systems bave bxn
tsb11s1￿ ro rniti8a¢e ri5k5.
*.. -..3..:..2p.2<.... and si￿] its behAlfby:
hppTovuI byorder of the IxJ•xd of tstees on.. .
r A H Seark- Trnste¢

Inde
ndcnt Examinces RE
willia￿ Paulett
rt to the Trust¢¢s of
Independent examiner's report to the trustees of Willigm Paulett
I report io th¢ ¢harity trust¢es on my examination of the accounts of William Paulett (the Trnst) for the y¢ar end¢d
30 September 2024.
Responsibilities and b•$i$ of report
As th¢ ¢harity truslees of the frust you are responsible for the pr¢paration of th¢ accounts in ¥ccordaDce with the
requirements of the Chariiies Act 2011 {'th¢ Act'l.
I report in respect of my examinatioth of the Tn￿t'S account5 carried out under Section 145 of the Act and in can)ryng out
my examination I have followed all applicable Directions givett by the Charity Commission under Section 14515)Ib} of
the Act.
IDdeptndent ¢xaminer'5 St8temeDt
I have completed my ¢xa]TJination. I ronfirn that no material matters hav¢ ¢om¢ to my ¥tt¢ntion in conneclion with the
examination giving me ¢au$e to b¢li¢ve that in any material respect..
attounting records wer¢ not kept in respect of the Tn]st required by Section 130 of the Art. or
the accounts do not accord wilh th0￿ records., or
the accounts do thot comply with ihe applicable requirements concernin8 the fonn and ctsrtt¢Tht of aceounts set out
in the Chariiies (Acwunts and Reports) Regulations 2008 other any requirem¢ni that ihe accounts give a
th]¢ aThJ fair view which is not a matter considered as part of an ind¢pend¢nt examination.
I bay¢ no concerns alhd have come across no other mattets in conne¢iion with th¢ ¢xamination to which attention should
be drawn in thi5 report iti order to enable a proper Underst￿ing of the a￿Ollnts to be reached.
Mrc N Ha]l-Tomkin FCA
MaxTrY¢lls
Charter¢d AccouDtaDts
4 King Square
Bridgwdter
Sorn¢rset
TA6 3YF
713(rf
Page 3

William Paulett
Statement of
30.9.24
Totgl
nd5
30.9.23
Total
fi]nds
Unrestricted
fijnds
R¢sth¢t¢d
fund
Not¢s
INCOME AND ENDOWMENTS FROM
Investmertt income
42.839
42J39
37,705
EXPENDITURE ON
CbArit*ble actlvities
Managem¢n¢
8,846
20,182
3.841
S￿46
20.182
3J41
7.567
20.306
3,859
2,962
Maintenance
SeTvi¢e$
GoYeman¢¢ ¢o$ts
Total
32,869
32069
34,694
Nei gains on investments
28,526
28,526
21,003
NET INCOME
38,496
J8,496
24,014
RECONCILIATION OF FUNDS
Total funds brought forward
428J21
428J21
404J07
TOTAL FUP4DS CARRIED FORWARD
466,817
466*17
428,321
The notes form part of these financial statements
Page 4

William Paulett
Balance Sheet
30.9.24
Total
funds
30.9.23
Total
Unrestricted
funds
Restricted
nd
Notes
FIXED ASSETS
Tartgible assets
Investments
261.426
313.IIH
261A26
313,104
248.613
236,578
574.530
574530
485,191
CURRKf4T ASSETS
Debtor5
Cash at bank
250
46.774
439
96,944
41774
47,024
47,024
97 J83
CREDITOIIS
Amounts falling due within one year
(3,990)
(3J9O)
(3,506)
NET CURRENT ￿ETs
43.lJ34
43,034
93.877
TOTAL ASSETS LESS CURREiYr
LIABILITIES
617.S64
617J64
579.068
CREDITORS
Amounts falling due afier more than one year
10
{15O,747)
(150,747)
(150,747)
NET ASSETS
466,817
466.817
428.321
The notes fom) part of th¢s¢ fillan¢ial statements
P4ge 5
C4)ntinued...

WilliBm P4uL¢#
Bala
30 Se t¢Enb2r 20
12
General furLd
349.989
33.748
44.384
33,748
Chritable Fund Property R¢8¢ry¢
166817
428J21
TOTAL FUNDS
428J21
firAwial st•teme¥ts were approved by the Bowrd of TnJ#eeR a￿thOri￿1 for issue on ........ . ..... ...
aThl wtte Si9￿a￿ its tdwlf by,
Mr AH Sark. Truste¢
B Hall- TMtste¢
S J Swkn. Ttwiee
Th¢ oows fmi part of th¢s¢ fiD*ttial 51ai¢mcftti
P8y6

William Paulttt
Notes to the Financial Statements
for the Year Ended 30 Se
ber 2024
AccouffflNG POLICIES
Basls of preparing ¢h¢ fw•ncial $tst¢in¢Dts
The fjnan¢ial staten]ents of the cbarity. which is a public benefit entity under FRS 102. have been prepared
ac¢oidan¢e with the Charities SORP (FRS 102} 'Accountin8 md Reporting by Charitie5'. Statement of
Re¢omm¢nd¢d Practice applicable to charitie5 preparin8 their a¢t4)unts in a¢¢ordan¢e with the Financtal
Reporting Stsndard appli¢abl¢ it) the UK and Republic of Ireland {FRS 102) (effective l January 2019),.
Fin•n¢ial Reporting Standard 102 The Financial Reporting Stsndard applicable in the LtK and Republi¢ of
Ireland, and the Charities Act 2011. The finan¢ial stal¢m¢nts h&v¢ been pr¢pared under the histOTical cost
eonvention. with the exception of inv¢stm¢nts which ore included at market Yalue. as modified by tbe revaluatio
of certain assets.
Changes accounting policies
Fix¢d as5¢t invesknenls are ro be valued at fair value (market value} at the rep)rting dat¢ inline th¢ Charity
SORP.
Income
All income is rKognis¢d in the Statement of Financial Activitie5 once the charity has entitlement to the fimds, it
is probable that the income will be received and the amount be measured r¢liably.
Tumover r¢pr¢s¢nts maintenance contributions rectived.
Expenditure
Liabilities ar¢ re¢o8ni5ed as expenditure as soon ￿ tljere is a legal or constn￿tiYc obligation wmmitting the
charity to tbat expendiiur¢, It is probable that a transfer of ¢¢onomi¢ benefits will be required in 5ettlernent and
the amount of the obligation can be measured reliably. Expenditure is accounted for ots att a¢¢ryais basis and ]¥s
been cl&ssified under hesdings that aggregate all rost related to the ¢ategory. Wher¢ costs cannot be dIre￿ty
attributed to pani¢ylar headings th¢y hay¢ b¢en allocated to activities on a basi5 COnSlStent the use of
resou￿¢$.
Houylng propertlts (freehold)
There is no record of the origina] c05t of William Paulett's ¢hariry almshouses. The housing properties wst
rel￿eS to an amount which view of the Trustees is not mor¢ than th¢ n¢t book value ofthe properties which are
¢urrently iThsyred ￿ £984.758.
As the properties are maintained in a state of repair such that their estimated residual value is not less than their
improvement cost or caryin8 value. the annual ¢harge for depreciation would be nil.
So¢i*l Housing Grant
Social Housing Grant (SHG} was paid by the Housing Corporation to r¢dllce the eost of development. Th¢ grant
is repayable 81 su¢h time &$ ihe Almshous¢s ar¢ sold Th¢ wt is th¢refore shown ￿ a long t¢rm loan.
T•Dgible r￿ed s￿ets
Depreciation is providd at th¢ following aDnual rat¢s in order to MTile off each asset over its ¢5tiTnat¢d
life.
Fixtur¢$ and fJttin8S
1096 on cost
T*iatitsL
The charity is ¢x¢mpt from tax on its clMritsble aetiwties.
V*ltht Added Tax
William Poul¢tt's ¢h8rity is not register¢d for Value Added T&x. In these financial stst¢ments, wh¢r¢ appli¢abl¢,
¢xp¢nditur¢ is Shown inclusive of VAT.
F￿nd 4ccollnting
Unrestricted funds call bc used in accordance with the charitabl¢ objectiv¢5 at th¢ discretion of the frustees.
Page 7
continued...

William Paulett
No¢es to th¢ Financial Ststements. continued
for the Yew End¢d 30 Se
r 2024
ACCOiJNTING POLICIES- ct)ntinMe
Fulld a¢¢ollntiDg
Restricted funds can onty be ustd for patti¢ular restri¢ted purposes ￿rythIn the objects of the charity- Restrictions
ise when $pe¢ified by the dthjor or wljen fvnds are rdised for particular restricted purposes.
Further explanaiion of the nature and purpos¢ of each fund is Inc]￿led in the notes ts the financial s￿¢MentS.
Extr&ordingry repairs
Costs of extraordinary repairs. unless repr¢sentin& improvem¢nts to the ptopertie5. are dw8ed ￿ the Revenue
A¢count in ¢he y¢4r ID which they are incurred.
xtrdordinary Repairs Reserye
This revcnue Tesetve represents a￿K)Unts set &%ide to cany out major repait3 to Housing Prop¢rti¢5.
Ch#ritablt Fund Property R￿eryt
Thi5 represents that proportion of the c05t of prtsperti¢s which was finan¢¢d by charitable donations and th¢
CILarity'S resourtts. The Charitable Fund Pmperty Reserve a]so include5 depreciation equal kn loan
repa)ryn¢nts provided in previous years.
INVEsfMENT INCOME
30.9.24
30.9.23
Maintenance contributions
Other fixed #s$et irtvest- FII
Inter¢st receivabl¢- trading
34,297
8.4(11
29,645
7.911
149
42839
37,705
SUPPORT COSTS
Governance
rtssts
Fiftattce
Totals
SeTYices
87
1.440
lJ27
TRUSTEES, REMUNERATION AND BENEFTrs
Tiiere were no tru$l¢es' remun¢rntion tsr other benefits for the year ettd¢d 30 September 2024 nor for the year
eDd¢d 30 September 2023.
Trustees, expenses
There were trn5tees' expense$ paid for the year ended 30 September 2024 nor for the year ended 30
September 2023.
Pag¢ 8
continued...

William Paulett
Notes to th¢ Financial Statements- continued
foT the Year Ended 30 Se
ber 2024
COMPARATIVES FOR THE STATEMENT OF FINANCIAL A(JIVITIES
Unre$tri¢ted
fi]nd5
Restrieted
fimd
Tot
fimds
JNCOME AND ENDOWMEP4TS FROM
Investhi¢nt in¢ome
37.705
37,705
EXPENDITURE OTr4
Ch*rlt*ble aetliryties
Management
7,567
20,306
3.859
2,962
7,567
20,306
3,859
2,962
Maintenance
Services
Governance costs
TotAI
34.694
34.694
gains on investsnents
21,003
21,003
NET ￿COmE
24,014
24,014
RECONCILIATION OF FUNDS
Tolal fimd5 brought forward
404,307
404.307
TUfAL FUNDS CARRIED FORWARD
428,321
428,321
TANGIBLE FIXED ASSETS
Improvements
Fixtures
and
rJtthn8S
Freehold
property
prop¢ty
Totals
COST
At l Octobcr 2023
Additions
2Q4,674
43,939
12013
2,945
251558
12813
At 30 September 2024
204,674
56,752
2,945
264J71
DEPRECIATION
At l Octobcr 2023 and 30 September 2024
2,94$
2,945
NET BOOK VALUE
At 30 September 2024
204th74
56.752
261,426
At 30 September 2023
204.674
43.939
248.61i
Pag¢ 9
continued...

William Paul¢tt
Notes to the Financi￿ Statem¢nts- continu¢d
forth¢ Year Ended 30 Se
ember 2024
XED ASSET INVESTMENTS
Th¢ inv¢stm¢trt5 comprise the following..
C05t
16,500
47.568
1,988
50,007
2024
13,804
81.841
2,369
58,888
156 201
313,103
2023
13,251
63.838
2,232
55,487
101769
236,577
9,465.485
5,388.764
156
3,877.424
7.000.04
Charinco Income Shares
Charin¢o Income Shares
Charinco Income Shares
Charinco Income Shar¢s
Schroders Th¢ Charity Equity Fund A
172,458
Or> 08 May 2024, an additional 927.764 Charifi]nd Income shares were purchased for £14,106 and on the same
dat¢ an additional 2040.58 Schroders The Chartty Equity F￿d A shares w¢re purch&sed for £33.894.
DEwfoRS: AMouNfs FALLING DUE WIThIN ONE YEAR
3O.9J4
30.9.23
OtheT d¢btors
Prepayments and income
251)
250
189
2511
439
CREDITORS: AMOUNTS FALLING DUE wfrHIN OI¥E YEAR
311.9.24
30.9.23
Trade creditOf5
Other creditors
(i)
3,507
3,990
3WO
3,506
10. CREDITORS: AMOUNIS FALLING DUE AFTER MORE THAN ONE YEAR
30.9.24
30.9.23
Other creditors
150,747
150,747
11. iA)ANS
An analysls of the matwity of loans is giv¢n below..
30.9.24
30.9.23
AnK)unts falling due ia) more than five ye￿s..
Repayable othetivise than by instalmentS".
ber loans more Syrs noD-ins&]m¢nt
IYJ,747
150,747
Page 10
Colltirtued...

William Paulett
Notes to the Fi]mn¢1￿ stsiements- continued
for the Year Ended 30 Se rember 2024
Iz.
MOVEMENT IN FUNDS
Net
movement
in fimds
At
1.10.23
At
30.9.24
Unrestricted funds
General fund
Extraordinary Repain Reserve
Charitable Futtd Property R¢serv¢
349.989
33,748
44584
38,496
388,485
33.748
44J84
428J21
38,496
466117
TOTAL FUNDS
428J21
38,496
466,817
Net mov¢m¢nt in f￿ds, included in the above are as follows..
In¢oming
rewurces
Resour
expended
Gains and
losses
Moveme
in ￿ndS
Uttrestrlettd funds
G¢neral fimd
42,839
(32369)
28J26
38A96
TOTAL FUNDS
42.839
(32J69)
28J26
38,496
Compr¥tives for movement in
Net
movemcnt
in fimds
At
1.10.22
At
30.9.23
Unrestricted futsdy
General fund
E￿raordinary Repairs Reserve
Charitsble Fund Ptoperty R¢serye
325.975
33,748
44,584
24.014
349,989
33,748
44.584
404,307
24,014
428.321
TOTAL FUNDS
404.307
24,014
428,321
C()mp#r4tive net n￿vernellt in funds, included in the above ar¢ as follgws:
Incoming
resouT¢es
R¢sour¢¢s
¢xpended
Gains and
losse5
Movcment
in funds
Unrestrirted funds
Gener￿ fw)d
37,705
(34,694)
21,003
24,014
TOTAL FUIYDS
37,705
(34,694)
21,003
24,014
Page 11
continued...

William Paulett
Notes to th¢ Financiol Statem¢nts- continued
for the Year Ended 30 Se tember 2024
12.
MOTrEMENI IN FUNDS- ¢oDtiDued
A current yw 12 months and priory¢4r 12 months ¢ombitied position is as fOll0M￿..
Net
movement
in fimds
At
1.10.22
At
30.9.24
UDrestrlcted thDds
General ￿nd
Extraordinary Repairs Reserve
Charithble Fund Property R¢sery¢
325,975
33.748
44.584
62,510
388,485
33.748
44.584
404,3Q7
62.510
466.817
TOTAL FUNDS
404,307
62,510
466,817
A CU￿£nt year 12 months and prior year 12 months combined net movement ITh fi￿d$, in¢lud¢d in the abov¢ are
&s follows:
Incoming
R¢sour¢¢s
expended
Gains and
losses
Mov¢ment
in funds
Uthrestri¢ted fuTrds
G¢nerai fi]nd
80,544
(67.563)
49,529
62.510
TOTAL FUNDS
80,544
{67.563)
49,529
62,510
13.
COIWIINGENf LIABIL￿lEs
At 30 Scptember 2024 and 2023. there were no kty)wn wnting¢nt liabilitie5.
14.
RELATED PARTY DISCiDSURES
Ther¢ were no related party transactions forth¢ year etbjed 30 September 2024.
l5.
ACCOMMODATION IN MANAGEMEiYr
A¢¢ommodation tn m8na8¢m¢nt comprises 10 units {2023- 10 units)
Pag¢ 12

William Paul¢tt
Detail¢d
tatement of FillaDcial Activities
Ended 30 Se
mber 2024
30.9.24
30.9.23
INCOME AND ENDOWMENrs
Investment intome
Maintenance contributions
Other fixed asset invest- FJI
Interest rtt¢ivable- tradÉng
34297
8,41bl
141
29,645
7,911
149
42,839
37,705
Totgl in¢oming resource5
42,839
37,705
EXPENDrruRE
Ch•rit*ble Attivities
Rates and Wdter
Insurance
Light and heat
Postsg¢ and stationery
G¢neral repairs & mainte]Ydnce
Steward's fees
Subs¢riprions
Room hire
Professional fees
(57)
1.220
527
134
211,181
8.766
491
80
131
1.197
277
142
20,726
7.487
260
80
2,542
31J42
32.842
Support fosts
Finance
Bank charges
Depreciation of tangible fixed ass¢ts
87
102
310
87
412
Govern•Dce ¢osl$
Auditor5, re]nuneration for non audit work
IA40
Totsl r¢sour¢e$ expended
32069
34.694
Net income btfore #nd lou¢s
9,97
3.011
Regli8ed recogD15ed gains and losses
Realiscd gainsl(losses) on fixed asset investm¢nts
8.916
N¢t incomt
9.970
11,927
This page does not form part of the statutory financial statements
Page 13